1101 Chavez Drive, Flint, MI
Industrial for Sale - $295,000 - 48,452 Sq. Ft. on 3.36 acres
Agent Info
Debi Roks FRE.COM |
Property Info
CIMLS# | 1059501 |
Location 1101 Chavez Drive Flint MI 48503 | |
Updated | May 6th, 2020 |
Type | Industrial |
Price | $295,000 |
Building | 48,452 Sq. Ft. |
Land | 3.36 acres |
Contact
Property Description
***MINIMUM BID MEETS RESERVE***
The former Historic Flint Armory is now available to purchase via Online Auction! The ±48,452 SF historic building is strategically located along the I-475 with a dedicated on/off ramp from I-475.
Property Highlights:
-Total square footage is ±48,452 SF which is made up of 3 buildings with the Armory totaling ±37,212 SF and the built-out garage totaling ±9,240 SF and a separate third building is ±2,000 SF
-Located Near the Mahindra Buick City Project
-Armory originally built in 1924 and has newer windows, electrical, roof, and 2 commercial kitchens
-Ideal logistics center, storage facility, R&D Center, or housing redevelopment
-Cash flow-in place: ±19% leased (garage building) with a $30,000/yr NOI ($3.25 psf NNN)
-Armory consists of a large gym, multiple classrooms, commercial kitchen and lunch hall as well as stables, bowling alley, shooting ranges and hands-on training rooms
-Ready facility for repairing trucks and rigs with over $1M invested by State of Michigan
±3.36 Acres of fenced and military secure paved yard
MINIMUM BID: $295,000; BID DEADLINE: July 16th at 5:00 pm ET. For more property information, auction details and to register to place a bid, visit www.FRE.com/307D7